Yan yan corp has a 2000 par value bond outstanding with a


Yan Yan Corp. has a $2,000 par value bond outstanding with a coupon rate of 4.84 percent paid semiannually and 7 year to maturity. The yield to maturity of the bond is 1.06 percent. What is the price of the bond?

Omit $ dollar sign and commas in your response. Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16).

Request for Solution File

Ask an Expert for Answer!!
Financial Management: Yan yan corp has a 2000 par value bond outstanding with a
Reference No:- TGS01423962

Expected delivery within 24 Hours